Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
20 July, 2018 04:24 IST
ITDC executes STA for transfer of 51% stake in MPAHC & AAHC
Source: IRIS | 30 Jun, 2017, 09.49AM
Comments  |  Post Comment

India Tourism Development Corporation (ITDC) has executed the Share Transfer Agreements (STA) for transfer of 51% equity stake in Madhya Pradesh Ashok Hotel Corporation (MPAHC) for a consideration of Rs 125.9 million and 51% equity stake in Assam Ashok Hotel Corporation (AAHC) for a consideration of Rs 21.4 million.

Total volume of shares traded on the bourses today was lower by 97.85% to 2,990 compared with 22-day average volume of 139,089.

ITDC has been the prime mover in the progressive development, promotion and expansion of tourism in the country. The company is running hotels, restaurants at various places for tourists, besides providing transport facilities.

Shares of the company gained Rs 3.65, or 0.68%, to trade at Rs 541.25. The total volume of shares traded was 2,990 at the BSE (9.43 a.m., Friday).





India Tourism Development Corporation Limited   (Q,N,C,F)*

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Sector
Yes Bank partners with 10 smart cities to tackle development challenges - 19-Jul-2018 17:36
Govt to infuse capital worth Rs 17.9 bn in Allahabad Bank - 19-Jul-2018 16:17
Trigyn Technologies wins contract from U.S. Army Picatinny Arsenal - 19-Jul-2018 16:11
Kotak Mahindra Bank quarterly net climbs 12.3% to Rs 10.25 bn - 19-Jul-2018 15:58
Tata Motors bags order to supply electric vehicles to Cognizant - 19-Jul-2018 13:19
Infosys Foundation signs accord with Bangalore Metro - 19-Jul-2018 11:49
Lupin receives tentative USFDA approval for generic Tadalafil tablets - 19-Jul-2018 11:34
Zydus Cadila gets USFDA's final nod for Piroxicam capsules - 19-Jul-2018 10:26
MCX takes preventive measures against technical glitches - 19-Jul-2018 10:19
Tata Power launches electric vehicle charging stations in Hyderabad - 18-Jul-2018 15:45
Kridhan Infra VNC's JV bags order worth Rs 2.22 bn - 18-Jul-2018 12:38
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer